Description

BERAR FINANCE LIMITED has fixed record date of 13/02/2026 for payment of interest and part redemption of non-convertible debentures with reduced face value of Rs. 3333.34 per debenture.

Summary

BERAR FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (INE998Y07154, Code: 976143) with a record date of February 13, 2026. Trading in these debentures will be conducted with a reduced face value of Rs. 3,333.34 per debenture effective from the same date. The corporate action includes both payment of interest and partial redemption of the debentures.

Key Points

  • Security: BFL-11.4%-28-10-26-PVT (ISIN: INE998Y07154, BSE Code: 976143)
  • Record Date: February 13, 2026
  • Reduced Face Value: Rs. 3,333.34 per debenture
  • Effective Date: February 13, 2026 (Settlement No. DR-820/2025-2026)
  • Purpose: Part redemption of debentures and payment of interest
  • Segment: Debt Market

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action notice.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from February 13, 2026
  • All transactions from the effective date onwards must reflect the new face value of Rs. 3,333.34 per debenture
  • Settlement number DR-820/2025-2026 applies for transactions under the reduced face value

Important Dates

  • Notice Date: February 9, 2026
  • Record Date: February 13, 2026
  • Effective Date for Reduced Face Value: February 13, 2026
  • Settlement Number: DR-820/2025-2026

Impact Assessment

Market Impact: Low - This corporate action affects only holders of specific privately placed debentures of BERAR FINANCE LIMITED. The part redemption is a scheduled corporate action that impacts a limited investor base.

Operational Impact: Trading members need to update their systems to reflect the reduced face value from February 13, 2026. The change is straightforward and follows standard procedures for debt securities with partial redemption.

Investor Impact: Debenture holders as of the record date will receive interest payment and partial redemption proceeds. Post-redemption, the face value per debenture reduces to Rs. 3,333.34, which will affect future interest calculations and final redemption amounts.

Impact Justification

Routine corporate action affecting specific debenture holders of BERAR FINANCE LIMITED with part redemption and interest payment. Limited market-wide impact as it concerns private placement debt securities.